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Dec 29, 2012
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. >> over the past month, president obama has been spending a lion's share of his time negotiating with speaker boehner, that did not work. what can you tell us about the key individuals involved in the process now, president obama, senator majority leader harry reed and mitch mcconnell. what is the tone? >> it's all about the senate right now, that is one of the more remarkable developments. all along we thought it would be between the obama white house and house speaker john boehner and there was a logic behind that. because getting legislation out of the house is the trickier part of crafting any type of deal. but with the house saying look, we need the senate to do something, the last ditch effort is occurring in the senate right now. i spoke to staffers close to senator mcconnell that said there was optimism on their side yesterday, including from their boss, senator minority leader mitch mcconnell to get a deal. of course, any kind of word in reading from the members themselves will not come until tomorrow, but it's both chris and luke that said in the segment before mine, there i
. >> over the past month, president obama has been spending a lion's share of his time negotiating with speaker boehner, that did not work. what can you tell us about the key individuals involved in the process now, president obama, senator majority leader harry reed and mitch mcconnell. what is the tone? >> it's all about the senate right now, that is one of the more remarkable developments. all along we thought it would be between the obama white house and house speaker john...
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Dec 27, 2012
12/12
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we're spending way too much money. as your previous guest was just talking about, we're hitting the debt ceiling, 16 trillion, they want to increase it to 18 trillion. by 2022, it will be 25 trillion the at some point this all comes crashing down. >> we already had the debt ceiling issue during the summer of 2011 being taken to the brink of having our credit ratings. based on the fact that neither side could politically come together. that was all in an effort to try to discredit the president so that they could get him out come november of 2012. now, that doesn't happen. the president has a wide mandate to be back in the hoff. why does the tea party not get that? >> you know obama ran on the fact that he would raise taxes. >>> more democrats were votes in. tea party members lost seats in this election. >> liberals lost seats, too. that's what happens every election. if there had been a great groundswell of effort that we have to raise taxes, we have to implement this huge liberal big spending agenda john boehner would
we're spending way too much money. as your previous guest was just talking about, we're hitting the debt ceiling, 16 trillion, they want to increase it to 18 trillion. by 2022, it will be 25 trillion the at some point this all comes crashing down. >> we already had the debt ceiling issue during the summer of 2011 being taken to the brink of having our credit ratings. based on the fact that neither side could politically come together. that was all in an effort to try to discredit the...
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Dec 24, 2012
12/12
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president obama has a political capital. it is like money -- how do you spend it? he can spend it on helping our schools. he can spend it with regard to our affairs in the middle east. those are tough questions to answer. my priority is always education and our long term problems. i'm not a deficit hawk. people on both sides do bothwell. i don't understand the fuss about raising the age qualification for social security are medicare. and plead with the caps -- simply lift the caps. franklin roosevelt to not want to be called a socialist. if we just lived in those caps, we would delay -- i can remember the exact numbers. for several decades, anyway. i think that would be less painful than raising the qualified age. medicare is the toughest because of health care costs have been skyrocketing. our country's health care cost is rising faster than any other industrial nation. we don't have much coronation. obamacare had to be cobbled together to appease everybody. we have it and we should be focusing on ways to make our health care more efficient and i think we will. th
president obama has a political capital. it is like money -- how do you spend it? he can spend it on helping our schools. he can spend it with regard to our affairs in the middle east. those are tough questions to answer. my priority is always education and our long term problems. i'm not a deficit hawk. people on both sides do bothwell. i don't understand the fuss about raising the age qualification for social security are medicare. and plead with the caps -- simply lift the caps. franklin...
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Dec 24, 2012
12/12
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and across-the-board spending cuts in the federal budget. even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done. that would be close to the $4 trillion we need to stabilize the debt and begin to bring it down. >> i would vote for revenues, including tax rate hikes even ugh ih i don't like them, to get a-- to save the country from becoming greece, tax rate hikes are part of the solution driven by the president. but he's going to get tax rate hikes. ratey republican colleagues, if we can protect 99% of the american public from a tax hike that is not a tax increase in my books. >> glor: with christmas just two nuys away last minute gift buyers are out. today shopper track said raturday was the busiest day of the holiday season behind black friday. r wever a cut
and across-the-board spending cuts in the federal budget. even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done. that would be close to the $4 trillion we need to stabilize the debt and begin to bring it...
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Dec 31, 2012
12/12
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. $1.2 trillion in federal spending cuts begin to kick in. the payroll tax holiday enacted under president obama will expire. the alternative minimum tax kicks in and several tax deductions will also expire. nbc's danielle leigh is on capitol hill with the latest on the negotiation. danielle, what's the latest? >> reporter: good morning. there's been progress and at 11:00 a.m. this morning the senate is going to get back to work. when they do they will not have a lot of time to come up with a deal to avoid those spending cuts and tax increase. both sides are still divided but just before calling it quits yesterday democratic leader harry reid said he hoped to have an announcement in the morning when the senate gets back network. where are they divided? they are divided at what salary taxes should increase but there was progress on taxes for the wealthiest of americans and avoiding the inheritance increases and they are grateful that republicans have given up on demands for cuts to social security at least for now. now this progress has not co
. $1.2 trillion in federal spending cuts begin to kick in. the payroll tax holiday enacted under president obama will expire. the alternative minimum tax kicks in and several tax deductions will also expire. nbc's danielle leigh is on capitol hill with the latest on the negotiation. danielle, what's the latest? >> reporter: good morning. there's been progress and at 11:00 a.m. this morning the senate is going to get back to work. when they do they will not have a lot of time to come up...
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Dec 24, 2012
12/12
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president obama's last offer the one that the republicans rejected was less than $1 trillion in spending cuts. we checked. that would be less than 2% of the $44 trillion the government will spend over the next decade. again, is that the best democrats can do? 2% of all of the spending over the next decade? >> you know, this conversation to me is exactly what is wrong in washington. i mean just listen to the conversation you have is just had. it is he said, she said, blame the other guy. look, i tried to be constructive here and lay out an actual plan to get us nearly $4 trillion by taking the offers that are on the table. speaker boehner and the president were so close and then speaker boehner went off on plan b. i never understood why. had no prospect of succeeding. it did not succeed even in his own caucus. now, the question. >> chris: but you are not answering my question. >> because i tell you something because we only have nine days left here. when are we going to get serious about actual solutions? i would lineback joh welcome jl me. he wants a solution. give us one, john. >> there
president obama's last offer the one that the republicans rejected was less than $1 trillion in spending cuts. we checked. that would be less than 2% of the $44 trillion the government will spend over the next decade. again, is that the best democrats can do? 2% of all of the spending over the next decade? >> you know, this conversation to me is exactly what is wrong in washington. i mean just listen to the conversation you have is just had. it is he said, she said, blame the other guy....
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Dec 29, 2012
12/12
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>>reporter: republicans blame president obama for the collapse of a bigger deal which would have cut spending and reduce the debt. >> it is the president's responsibility to layout a plan and to bring people together. >>reporter: tonight senate majority leader reid and senate republican leader mcconnell agreed to spend the weekend working on plan that will be able to pass both chambers of congress. in assessing the impact of the cuts we relied on the study from george mason university taking a broad look at where the cuts would come. drill down into specifics we call head start program. we called health care centers and laboratories and anybody who would rely on federal money this might be cut and what we were told universally is that nobody really had an idea of which programs would be cut and which programs would be spared. they are all waiting for the word from congress. like the rest of us. 7 news. >> and we wait. warning tonight from pg&e. utility is sending out tweet right now warning people that a man with hispanic accent is calling senior citizens and ease telling them the se
>>reporter: republicans blame president obama for the collapse of a bigger deal which would have cut spending and reduce the debt. >> it is the president's responsibility to layout a plan and to bring people together. >>reporter: tonight senate majority leader reid and senate republican leader mcconnell agreed to spend the weekend working on plan that will be able to pass both chambers of congress. in assessing the impact of the cuts we relied on the study from george mason...
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Dec 28, 2012
12/12
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. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey
. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team...
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Dec 26, 2012
12/12
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food stamps, children's health care, medicaid, and obama said, no, if we're going to cut spending, we're going to protect the most vul nebl. protecting the most vulnerable takes it away and all that's left is cutting taxes. if the goal is to reduce the deficit, their goal of cutting taxes is not relevant to that goal so there's no overlap of potential agreement here. that's why there's no deal. >> let's take a listen to a very conservative retiring senator said, soon to be former senator joe lieberman, who is respected and seen as a deal maker. what we need right now is a deal. let's take a listen to something he just said. >> if we allow that to happen, it will be the most colossal, consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> joy, i think what he's saying there and going over the cliff is not that this would be the worst thing congress has done on an objective scale, but the notion of doing something so bad for no reason is pretty frustrating, isn't it? >> i disagree with his characterization it would be the most irresponsible t
food stamps, children's health care, medicaid, and obama said, no, if we're going to cut spending, we're going to protect the most vul nebl. protecting the most vulnerable takes it away and all that's left is cutting taxes. if the goal is to reduce the deficit, their goal of cutting taxes is not relevant to that goal so there's no overlap of potential agreement here. that's why there's no deal. >> let's take a listen to a very conservative retiring senator said, soon to be former senator...
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Dec 27, 2012
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when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the left. >> absolutely you are not hearing that whatsoever. when i listen to senator chuck schumer say the president ran on raising taxes and says he won, we should do that, i have to tell you i'm not such and idiotic person to follow someone off into the abyss. this is a political gimmick the president ran on. he did win the election but when you look at the house, the republicans maintain their majority there and that's where revenue bills emanate from. >> we have to leave it there. always great to have you. >> happy new year. >> you too. amid all this fighting in washington, my next guest has a plan to fight the nation's debt and it doesn't rely on congress at a
when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the left. >> absolutely you are not hearing that whatsoever. when i listen to senator chuck schumer...
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Dec 27, 2012
12/12
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lawmakers cannot afford to spend anymore time worrying about the weather. >> all eyes will be on the senate after house republicans said it is up to their leaders to reach a deal. danielle leigh has more. >> as president obama leaves hawaii for washington, tension on capitol hill is on high. >> i don't see how you could handle a large plant involving tax reform in a matter of days. >> serious doubt is setting in. even starbucks is getting involved. john boehner said he is sitting this round out. >> i think that john boehner is being controlled unfortunately by the right wing pickwick that leaves it up to harry reid and the rest of the senate to find a solution. the plan would avoid tax increases and would eliminate some big spending cuts and restore unemployment benefits. >> you are likely to see a two- step process. >> without a deal, bush era tax cuts will expire on january 1. congress set up the deadline hoping it would force a compromise. so far that has a compromise in. also flyback will be brian schatz. he will be replacing daniel inouye and will likely be sworn in later today.
lawmakers cannot afford to spend anymore time worrying about the weather. >> all eyes will be on the senate after house republicans said it is up to their leaders to reach a deal. danielle leigh has more. >> as president obama leaves hawaii for washington, tension on capitol hill is on high. >> i don't see how you could handle a large plant involving tax reform in a matter of days. >> serious doubt is setting in. even starbucks is getting involved. john boehner said he...
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he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good thing you can say about reaching the debt limit is it's not a surprise. everybody has known this is coming up. the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not
he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good...
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Dec 28, 2012
12/12
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both president obama and speaker boehner have already begun to do a principle compromise. speaker boehner said i'm ready to raise taxes on those over a million dollars. president obama said i'm ready to have a new type of chain to consumer price index which -- impacts entitlement reform. the bipartisan national debt commission, simpson-bowles commission, said for every dollar of spending reduction, including the entitlement reform we immediate to have $1 in tax revenue. that's the principle compromise we have to have. so they are not far off. what we have to have is very simple. $4 trillion in debt reduction by this one-third, two-third division. because that gives us a sustainable debt to gdp ratio so the economy can go booming again. so i believe those two men have the economies of our nation best at heart and have to come a little closer and a little $500 billion sounds like a lot. $2.5 trillion. we have to do both to have a principled come prom nice quickly, both of you, i start with you, do you think something gets done in the next few days? >> i'm afraid say that i d
both president obama and speaker boehner have already begun to do a principle compromise. speaker boehner said i'm ready to raise taxes on those over a million dollars. president obama said i'm ready to have a new type of chain to consumer price index which -- impacts entitlement reform. the bipartisan national debt commission, simpson-bowles commission, said for every dollar of spending reduction, including the entitlement reform we immediate to have $1 in tax revenue. that's the principle...
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Dec 28, 2012
12/12
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president obama and house speaker boehner had been initially working on. this is going to be a much more scaled back version of a bill. just to sort of get over this hump. so i think that right now all parties believe that is really the main hope for getting something done, but you're absolutely right. the same sticking points remain, and that is going to be the problem moving forward over these next 24 hours. i think the pressure point comes when the markets have already started to react and, of course, if they fail to get a deal done by that all-important january 1st deadline, really everyone is going to be blamed for it. of course, the polls show that republicans will be blamed the most, but ultimately president obama will have to share some of that blame as well. so i think that right now that pressure point is one of the motivating factors in getting something done. >> kristin, stay with us. i just want to bring in joy reid from the grio and robert costa from "national review." we have just a brief moment before the president comes on here. robert, i
president obama and house speaker boehner had been initially working on. this is going to be a much more scaled back version of a bill. just to sort of get over this hump. so i think that right now all parties believe that is really the main hope for getting something done, but you're absolutely right. the same sticking points remain, and that is going to be the problem moving forward over these next 24 hours. i think the pressure point comes when the markets have already started to react and,...
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Dec 24, 2012
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president obama spending the christmas holidays in hawaii, but it's not all fun in the sun. still looming as i've just talked about is this large fiscal cliff as the deadline gets closer, and now there are reports surfacing that the president is looking to strike a partial deal that would extend tax cuts for the middle class while holding off on spending cuts. chief white house correspondent ed henry has the luxury of reporting live in honolulu, hawaii. ed it seems for the first time we might really go off the fiscal cliff which is something that you or so many of us in washington never believed would happen. >> reporter: you're right, kelly. i mean for the longest time there was an expectation in both parties there would be a lot of fighting but right up against the christmas holiday they would finally somehow work this out. that is traditionally what happens on capitol hill. this time as you say leaders in both parties now bracing for the real possibility that we will go off that fiscal cliff, and that tax increases will go across the board for everybody, basically, go bac
president obama spending the christmas holidays in hawaii, but it's not all fun in the sun. still looming as i've just talked about is this large fiscal cliff as the deadline gets closer, and now there are reports surfacing that the president is looking to strike a partial deal that would extend tax cuts for the middle class while holding off on spending cuts. chief white house correspondent ed henry has the luxury of reporting live in honolulu, hawaii. ed it seems for the first time we might...
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Dec 24, 2012
12/12
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president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both sides have been talking this thing to death. it might need a christmas miracle at this point to avoid going off the cliff. the president scaled back plan basically would extend unemmoment benefits for two million people who will lose them a week after christmas if there is no deal. he also wants to extend tax cuts for 98% of americans. you heard him talk about that again and again. that level of $250,000 or less. the republicans have not afreed to that on the hill obviously. when you talk to folks like senator lindsey graham, they say the big issue is not taxes, it is spending cuts. take a listen. >>
president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both...
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Dec 28, 2012
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the president on entitlement spending. speaker boehner on upper income tax rates. speaker boehner, though, could not get conservative republicans to go along and seemed at a loss on what to do next. >> we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle on the fundamental reform of the tax code will help us get our economy moving faster and put more americans back to work. and more americans on the tax rolls. how we get there, god only knows. >> president obama, meantime, seemed to lose patience. no sign he's eager to go off the cliff, but he's also not ready, either, to get in his words, what he'll get for free when the bush tax cuts expire tuesday morning. democratic lawmakers, though, are more willing to let that and everything else happen and both sides are still pointing fingers. take a look at mitch mcconnell and harry reid just this afternoon. >> you'll excuse me if i'm a little frustrated at the situation. >> republican leader finds himself frustrated. >> i say i'm frustrated because we have been a
the president on entitlement spending. speaker boehner on upper income tax rates. speaker boehner, though, could not get conservative republicans to go along and seemed at a loss on what to do next. >> we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle on the fundamental reform of the tax code will help us get our economy moving faster and put more americans back to work. and more americans on the tax rolls. how we get there,...
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Dec 29, 2012
12/12
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the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and finally, talk about living on the edge. in massachusetts, several homes on plum island are in danger of plunging into the atlantic ocean. thursday's storms and pounding waves are threatening their foundations. two homes are so unstable the homeowners can't get inside to retrieve their belongings. >>> now, time to ginger and the weather. >> pittsburgh, getting more snow this morning. and they're about 27 of so getting up early this morning. some more cold air behind it. and the snowstorm we've been talking about before the broadcast, now moving into northeast new england
the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and...
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Dec 27, 2012
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more than just about obama and romney, it was about socialism and capitalism, about spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> don't miss our "top 10 of 2012" special. cnn revisits the biggest stories of the year in money, crime, politics, and even scandals. that's cnn, sunday night, 8:00 eastern. >>> happening now, members of congress are called back to work with time running out to avoid the fiscal cliff. we'll meet one man who's reaching into his own pockets to help america ease its enormous debt. and we're learning how north korea deceived the world, to launch a rocket with the ability to strike the u.s. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> on the surface, you might think there's new movement toward avoiding the fiscal cliff that starts making an impact just five
more than just about obama and romney, it was about socialism and capitalism, about spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> don't miss our "top 10 of 2012" special. cnn revisits the...
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Dec 26, 2012
12/12
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president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate democratic leaders is trying to figure out if the president's scaled back bill can pass congress at the 11th hour. >> there is absolutely no reason, n
president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to...
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Dec 27, 2012
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obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently got her first cell phone. do you monitor it and see who she calls or who she texts? >> i give my daughter, i give her a long rope, and there is monitoring, because we have rules. but monitoring may be, you never know when i'm going to walk in your room and i'm going to ask you who are you talking about and are you talking about school work? >> and they're not very good at lying. we joke sometimes about how malia is getting to the age now, boys start calling and sort of -- i always talk about how one of the main things about running again was continuing secret service protection. >> mr. obama, there is a
obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently...
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Dec 28, 2012
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. >> president obama in congress are looking to keep automatic spending freezes from kicking in a pain has the stor\ed paine has the story >> nancy pelosi, which mcconnell, and john boe hner have four days to reach agreement or spending cuts would take effect. >> both sides are involved in a high-stakes political blame game. >> we are here in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and doing all kinds of things. they should be here. >> i told president i will be happy to look at what ever he proposes. a hard deadline. as i said this is the conversation we should of had to go. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more per year. republicans remain against any tax increases. >> most americans just wasn't begun. >> people are tired. >> islamic not reach a deal by january 1st many economists are concerned it could lead to another recession. >> ibm ed paine reporting. >> and other nationals former president george h. w. bush is still in int
. >> president obama in congress are looking to keep automatic spending freezes from kicking in a pain has the stor\ed paine has the story >> nancy pelosi, which mcconnell, and john boe hner have four days to reach agreement or spending cuts would take effect. >> both sides are involved in a high-stakes political blame game. >> we are here in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and...
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Dec 30, 2012
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president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or more senators who do not like tax increases to just filibuster round and we are relying on a house that could not take the lead. it's important to state t
president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's...
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Dec 27, 2012
12/12
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more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> and make sure you join me for the biggest stories of the year in crime, politic, money and the most scandalous stories. the top ten of 2012, 8:00 eastern. a teen battling a terminal illness uses lyrics instead of letters to say goodbyes. >> it's kind of me always being there for him. like if they keep singing that song throughout their life, it will be worth it. >> this teen's final wish, next. s that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymba
more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> and make sure you join me for the biggest stories of the year in crime, politic,...
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Dec 27, 2012
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. >>> it is back to work for president obama. he's cutting his vacation short. time is running out to avoid the big tax increases, the spending cuts that everybody is asking can we make a deal. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms cade after decade. [ humming ] >>> we're just five days away from the tax hikes, the spending cuts known as the fiscal cliff, but we are four days away from another financial challenge. t
. >>> it is back to work for president obama. he's cutting his vacation short. time is running out to avoid the big tax increases, the spending cuts that everybody is asking can we make a deal. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. ♪ you make me happy when...
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Jan 1, 2013
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although the deadline has passed, congress can still deal with the impact of spending cuts and tax increases that were set to go into effect on january 1. congressional leaders say they want to send legislation to president obama within a day or two, so consumers should not notice any impact. again, that from the associated press. and now, we talk to a reporter on capitol hill about the actions so far by senate democrats in reaching an agreement. todd is from the takeaway. hours before the deadline, democrats announced a scaled- down version to avoid the so- called fiscal cliff. what are some of the key items in the deal? >> the most important items people will be paying attention to are the income tax rates. you are looking at a tax increase on individuals making more than $400,000 and individuals and families making more than $450,000. president obama campaigned on 250 thousand dollars, and they are redefining what is middle class. now, someone who makes $300,000, that person is middle class, too, but that is fiscal cliff politics. you have the marginal rates. there are going to be some ch
although the deadline has passed, congress can still deal with the impact of spending cuts and tax increases that were set to go into effect on january 1. congressional leaders say they want to send legislation to president obama within a day or two, so consumers should not notice any impact. again, that from the associated press. and now, we talk to a reporter on capitol hill about the actions so far by senate democrats in reaching an agreement. todd is from the takeaway. hours before the...
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Dec 29, 2012
12/12
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president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 h
president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the...
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Dec 26, 2012
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>>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour speaker john boehner was to convene this conference call to decide whether or not to call the house back into session. we know the senate is supposed to convene, but nothing can, of course, take place until the house is in session as well. do we know the results of that conference call? will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't ev
>>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour speaker john boehner was to convene this conference call to decide whether or not...
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Dec 27, 2012
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he's hoping to avert deepening spending cuts and higher taxes. both parties appear to be daring eacher to let the year end without a deal. treasury secretary tim geithner says he will be taking steps tomorrow to prevent the government from hitting its borrowing limit on monday. >>> toyota announced a billion dollar settlement over acceleration problems and will install a brake override system and compensate owners for the alleged reduced value of their cars and trucks. >>> for what's trending today, a quick look at what has you talking online. he's only rock'n roll, but she likes him. actress kate winslet married british tycoon. and singer janet jackson's engagement to her bit of of two years, a businessman, set for a wedding in the spring in qatar. >>> if you shout max in a dog park, the top female and male dog names followed by buddy. and they're in and old classics like rover are out. good morning. center traffic guy bob hurt zog is going viral with his dance antics. >> you can't go that way. ♪ ♪ try to get to work on time i'm just the man
he's hoping to avert deepening spending cuts and higher taxes. both parties appear to be daring eacher to let the year end without a deal. treasury secretary tim geithner says he will be taking steps tomorrow to prevent the government from hitting its borrowing limit on monday. >>> toyota announced a billion dollar settlement over acceleration problems and will install a brake override system and compensate owners for the alleged reduced value of their cars and trucks. >>> for...
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heather: simon, response to the part about spending cuts, and what is spending cuts is the obama administration talking about, guaranteed spending cuts? >> they already accepted a trillion dollars in domestic spending cuts in next 10 years. they put on the table additional cuts in medicare and social security not as much as republicans want but clearly they have moved on that. and i also think there will be substantial defense cuts, if we want to make a dent in the deficit. i mean this is the choice that is going to be in front of us. if, we have to do four things if we want to reduce the deficit. we have to get more revenue, we have to cut domestic spending, we have to trim and reform the health care programs in particular of medicare and medicaid and we have to cut defense. if we do all four of those things we can make significant down payment getting deficit under control. if we do some of them, the numbers are not there enough to make as much progress as we want. this is where mark and i agree. over next six to nine months we could see substantial progress towards smart fiscal policy in the
heather: simon, response to the part about spending cuts, and what is spending cuts is the obama administration talking about, guaranteed spending cuts? >> they already accepted a trillion dollars in domestic spending cuts in next 10 years. they put on the table additional cuts in medicare and social security not as much as republicans want but clearly they have moved on that. and i also think there will be substantial defense cuts, if we want to make a dent in the deficit. i mean this is...
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Dec 28, 2012
12/12
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president obama and top congressional leaders are looking for common ground to keep automatic spending cuts and tax increases from kicking them. hidden payne has the story. >> reaching a bill will not be easy because both sides are in a blaming game carry it >>. >> i told the president that we will look at whatever he proposes but the truth is is that we're coming up against a hard deadline. as i stated before this is a conversation that we should have had a month ago. >> democrats want to extend the bush era tax cuts. many republicans are against any tax increases. most americans just want something to be done. >> if people are just tired of partisanship. we just want everyone to come together. >> if lawmakers do not come together then this may lead to recession. i am and \ / \ \ / ed payne reporting. >> we will be right back. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months, with a total home dvr included free for life.
president obama and top congressional leaders are looking for common ground to keep automatic spending cuts and tax increases from kicking them. hidden payne has the story. >> reaching a bill will not be easy because both sides are in a blaming game carry it >>. >> i told the president that we will look at whatever he proposes but the truth is is that we're coming up against a hard deadline. as i stated before this is a conversation that we should have had a month ago....
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Dec 25, 2012
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. >>> president obama spending christmas in hawaii. the president going golfing for christmas eve. he's there with his family on vacation. the president greeting people at the golf course there and afterwards, the obamas went to plymouth rock beach on a marine corps base there. >> clayton: thanks. our nation has a long history of faith. but how does faith fit into politics. juan williams is here next with his analysis about it. >> rick: we told but this cop jumping into freezing water to save someone drowning. now the officer is getting the christmas gift of a lifetime. ♪ [ hudson ] we're human. we fall down. we gain weight. and we get back up. strength and determination are human too. so are dinner dates and birthday cake. introducing the new weight watchers 360 program. built for human nature so you can expect amazing. ♪ on top the world right now ♪ join for free and expect amazing. because it works. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive
. >>> president obama spending christmas in hawaii. the president going golfing for christmas eve. he's there with his family on vacation. the president greeting people at the golf course there and afterwards, the obamas went to plymouth rock beach on a marine corps base there. >> clayton: thanks. our nation has a long history of faith. but how does faith fit into politics. juan williams is here next with his analysis about it. >> rick: we told but this cop jumping into...
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Dec 31, 2012
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entitlements that obama thinks -- he is spending $5 million of taxpayer money for a vacation. everybody is going to have to pay more taxes. why? what are the entitlements going to the politicians? they get a six-figure salary and everything is paid for. you try to get into the white house or one of the senator's place. they are heavily guarded with rifles. it is the democrats back door. you have to know what is in the bill. host: thank you for the call. this is from "the washington times." "leaders find agreement on farm bill." host: and from nbc news, moron hillary clinton, -- more on hillary clinton who remains hospitalized this morning after it blood clot had formed. the clot stems from a concussion she sustained several weeks ago. she is in new york president obama -- new york presbyterian hospital. her doctors will continue to assess her condition and will determine if any further action is required. she has not been seen in public in three weeks. was supposed to come back to office this week. next is ron from cincinnati, good morning. caller: i wish mrs. clinton well. th
entitlements that obama thinks -- he is spending $5 million of taxpayer money for a vacation. everybody is going to have to pay more taxes. why? what are the entitlements going to the politicians? they get a six-figure salary and everything is paid for. you try to get into the white house or one of the senator's place. they are heavily guarded with rifles. it is the democrats back door. you have to know what is in the bill. host: thank you for the call. this is from "the washington...
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Dec 30, 2012
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and i think that president obama struck it perform. he hasn't offered a whole lot and not we're only talking about tax increases, no talk about what will really matter, which is getting spending under control, entitlement programs, social security and medicare. nobody is talking about that and kicked the can down the road and only talking about taxes which will do nothing to decrease the deficit. >> juliet: thank you for joining us and waking up at the bright and early hour of 6:10 a.m. >> clayton: thanks, curtis. let's check with maria molina, another snowstorm in ohio and east and some places in southern new england got up to a foot of snow. >> dave: and drivers be warned, five people hurt in new hampshire after a 20-car pileup and some airports saw slays and a plane taken off in sheing slid off the runway, and stuck in a snow bank, 6 6 on board. no one was hurt. >> juliet: for more on the conditions as mr. clayton morris said, maria molina. i was saddened not to see a white new years, pre-new years. >> we didn't see it accumulate in
and i think that president obama struck it perform. he hasn't offered a whole lot and not we're only talking about tax increases, no talk about what will really matter, which is getting spending under control, entitlement programs, social security and medicare. nobody is talking about that and kicked the can down the road and only talking about taxes which will do nothing to decrease the deficit. >> juliet: thank you for joining us and waking up at the bright and early hour of 6:10 a.m....
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Dec 29, 2012
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so this is not just a president obama story. both when it comes to fundraising and to the strategic travel. president bush was spending so much time in ohio and florida and pennsylvania and there's alcs all sorts of coverage that this had to do the electoral college. and it's easier to say -- easy to say this is electorial related but i want to look at it systemically and those states that ended up being battleground states for a president's re-election campaign did tend to get more visits from the population alone would have predicted and the same is true for new hampshire and iowa. host: our first caller for brendan doherty comes from eric in seedertown, georgia, on our sign for democrats. caller: nothing was going on until the black man, president obama got to become president. mitt romney did not put any of his money into his campaign election. these are things -- these are rich millionaires and billionaires. they don't have to disclose how much money they are actually giving. so the electoral college was based on a certain
so this is not just a president obama story. both when it comes to fundraising and to the strategic travel. president bush was spending so much time in ohio and florida and pennsylvania and there's alcs all sorts of coverage that this had to do the electoral college. and it's easier to say -- easy to say this is electorial related but i want to look at it systemically and those states that ended up being battleground states for a president's re-election campaign did tend to get more visits from...
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Dec 30, 2012
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those $700 billion, and all went to obama care. it was saved as part of a big spending program. here in washington people say cut while things grow. it is like having a freeze that is water and when it freezes, it expands. we have grown 100% in 12 years. the government is bigger and unless we do something now the government will continue to get bigger and the deficit will get bigger, even if we raise taxes on everyone there is still a huge deficit. if we do not take on spending, the fiscal cliff will be a downward slide to make us like greece, no longer a viable economic power. >> that was from the program " state of the union, close with this morning. a number of members of the house are point to try to make their way back for votes this evening at 6:30. the house taking up some 13 bills. here is how david hocking's of "congressional quarterly" termed this house session -- " >> nothing on the fiscal cliff, however. we will keep you posted on that. the senate gaveling out shortly for that caucus meeting in particular. taking a look at your twitter messages,-tag is fiscal cliff.
those $700 billion, and all went to obama care. it was saved as part of a big spending program. here in washington people say cut while things grow. it is like having a freeze that is water and when it freezes, it expands. we have grown 100% in 12 years. the government is bigger and unless we do something now the government will continue to get bigger and the deficit will get bigger, even if we raise taxes on everyone there is still a huge deficit. if we do not take on spending, the fiscal...
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Dec 27, 2012
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and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know what, doug? karl rove wrote an op-ed in "the wall street journal" which he basically says, the president think it is all about him. the more mr. obama makes everything about him, the more stubborn he is likely to be when flexibility would be better. success requires adjustments, including a greater willingness to compromise and seek common ground with his opposition. fair point? >> oh, i think it is a fair point. i think it is a fair point on both sides. we had a framework that did what terry described. it was called bowles-simpson. the president didn't support it. paul
and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know...
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president obama believed and the democrats believe they have a mandate after the election. now, a mandate, you know, depends what you call a mandate. the election was not really close, but it wasn't also a grand slam for the democrats either. so there's a real difference in who -- what the mandate is here. and democrats don't feel they need to compromise. i think they think if we go over the fiscal cliff, they will have even stronger negotiating power. that remains to be seen because oftentimes when taxes go up and there is something that hits the economy really hard and puts it into a tailspin, it's the president who takes the blame. so i think even the president is wondering who's going to foot the blame for this one. but at this point i think the democrats feel they have the upper hand at this moment. if they hold tight, they will force the republicans to capitulate. i don't see that happening. i think both sides are really going to have to give in before we get a final deal. jon: so we'll have to see, you know, which side wins the battle of public opinion or which of th
president obama believed and the democrats believe they have a mandate after the election. now, a mandate, you know, depends what you call a mandate. the election was not really close, but it wasn't also a grand slam for the democrats either. so there's a real difference in who -- what the mandate is here. and democrats don't feel they need to compromise. i think they think if we go over the fiscal cliff, they will have even stronger negotiating power. that remains to be seen because oftentimes...
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obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they were waiting for the democratic controlled senate. the house will take this action on whatever the senate can pass they said but the senate first must act. in a sign of public frustration over the lack of a deal the coffee giant starbucks is asking employees in approximately 120 washington area cafes to write the words "come together" on cups for drink orders. >> we just wanted to have a subtle message of coming together and everyo
obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that...
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. >> there are no serious cuts from president obama. there is serious effort at reforming. medicare and medicare. a lot of people don't say social security is enment. it is an insurance program. but it is enormous amount of money flowing out than in and it is getting worse after the baby boomers retire. without reform, you hit a debt crisis guarantee. >> kelly: or guaranteed that crisis in a couple of days new yearee a eve and automatic spending cuts go into affect and that will affect social security that is also a problem that we have seen over the yearrs. we are spending so much money for this and there is no reform. >> it is a billion a week more going out than coming in x. it gets worse because baby boomers are retiring, i don't know how many it is. but there is a massive incrose in the retirement population. that is unfunded. >> clayton: we sound shocked but look at the postoffice. how much money we keep the postal unions and how much of a deficit. >> worry me this question. can you get elected if you say i am going to cut this an
. >> there are no serious cuts from president obama. there is serious effort at reforming. medicare and medicare. a lot of people don't say social security is enment. it is an insurance program. but it is enormous amount of money flowing out than in and it is getting worse after the baby boomers retire. without reform, you hit a debt crisis guarantee. >> kelly: or guaranteed that crisis in a couple of days new yearee a eve and automatic spending cuts go into affect and that will...
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the company will spend about $750,000 to expand new facilities. it is planning to add 1200 positions by 2013. >>> economists warn that we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new negotiations have been scheduled. and adding to the pressure, treasury secretary tim geithner says the country is on track to hit its borrowing limit on monday. >>> and former president george h.w. bush has been moved to the intensive care unit at a hospital in houston. he's in guarded condition because of a stubborn fever. mr. bush who is 88, has been hospitalized for more than a month now, trying to recover from bronchitis. >>> you think you pay a lot to park. not compared to folks in chicago. it's going to soon cost $6.50 per hour. that's like 10 cents a minute at a meter
the company will spend about $750,000 to expand new facilities. it is planning to add 1200 positions by 2013. >>> economists warn that we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new...